CPO prices has climbed nearly 9% so far in February albeit from depressed levels given the nearly 50% slide in prices over 2014. Prices have increased due to a fall in output in Malaysia as unfavorable weather has hampered production. Malaysian CPO production declined 15 per cent to 1.16 million tons in January 2015 from 1.4 million tons in December 2014.
The Malaysian government announced…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...